The global webcam market size is expected to grow from $7.57 billion in 2021 to $8.38 billion in 2022 at a compound annual growth rate (CAGR) of 10.8%. The global webcams market size is expected to grow to $12.67 billion in 2026 at a CAGR of 10.9%.
What is the Global Webcam Market?
The webcam market consists of the sale of webcams by entities (organizations, sole traders, and partnerships) that are used to transmit pictures and videos over the internet by recording images and are also widely used with instant messaging services. Webcams are categorized under input devices that can capture pictures and HD videos and are implemented for videoconferencing and security surveillance purposes. These cameras are installed with the software on the computer that helps to transmit its video in real-time.
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What drives the Global Webcam Market?
The growing need for security and surveillance is significantly contributing to the growth of the webcam market. Security and surveillance involve the monitoring of activities for the prevention of crime, intelligence gathering, and the investigation of crime. The increasing urge for home security and surveillance is prompting the adoption of webcams for security purposes, thereby increasing the webcam market growth. For instance, according to Times Now, a news channel in India, the Delhi Police reported a 30-40% rise in street crimes such as theft, robbery, snatching, and rape in 2021. Therefore, the growing need for security and surveillance is driving the growth of the webcam market.
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Global Webcam Market Segments
The global webcam market is segmented:
By Product: USB, Wireless
By Technology: Analog, Digital
By Application: Video Conference, Security and Surveillance, Visual Marketing, Entertainment, Live Events, Others
By End-User: Healthcare, Tourism, Retail Shopping Centers, Enterprises, Others
By Geography: The regions covered in the webcam market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Webcam Global Market Report 2022provides market size and growth forecasts for the global webcam market, global webcam market share, webcam market segments and geographies, webcam market competitive landscape including leading competitors’ revenues, profiles and market shares. The webcam market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Webcam Industry Playersinclude Canon Inc., Microsoft Corporation, Lenovo, Xiaomi, Razer Inc., Intel Corporation, Sony Corporation, Logitech, KYE Systems Corp, Cisco Systems Inc., Ausdom, Vivitar Corporation, Shenzhen Teng Wei Video Technology Co. Ltd., A4TECH, and Quantum Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
